Market Share of MEMS Mirrors Industry
The MEMS mirrors market is moderately concentrated, owing to the presence of large and small vendors in the market operating in the domestic as well as in the international market. Vendors in the market are adopting key strategies, such as product innovation, mergers and acquisitions, and strategic partnerships. Some of the key developments in the market are:
- July 2022 - Yitoa Micro Technology Corp. developed a microelectromechanical system (MEMS) mirror semiconductor for automotive LiDAR. According to Yitoa Micro, solid-state LiDAR operating a MEMS mirror is one of the most suitable ways to realize LiDAR in vehicles. The LiDAR with combined MEMS mirror is compact and low cost, which was impossible with mechanical methods of rotating LiDAR.
- January 2022 - SCHOTT has utilized its longstanding experience in glass-to-metal sealing to develop innovative packaging solutions for RGB laser chips and MEMS mirrors for augmented reality (AR) applications.
MEMS Mirrors Market Leaders
Hamamatsu Photonics K.K.
Texas Instruments Inc.
MicroVision, Inc.
Mirrorcle Technologies Inc.
OQmented GmbH
*Disclaimer: Major Players sorted in no particular order
